Booksellers Fear Stranglehold As Amazon Snaps Up British Online Rival The Book Depository

Booksellers Afraid: Amazon Snaps Up British Online Rival

Amazon acquired its rival The Book Depository yesterday in a move that industry experts warned could tighten the American company's "stranglehold" over the online book trade in the UK.

Amazon acquired the Gloucester firm, which claims to be the fastest-growing bookseller in Europe, for an undisclosed sum.

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